Why Are Silver Sales Soaring? | zero hedge
For some time, silver has been known as the “poor man’s gold.” Meaning, silver demand tends to increase when gold gets too “expensive.” The gold price has stubbornly stayed above $1000 for over six months now and spent much of that time above … POST ECONOMIC CRASH ( Mad Max meets Wiemar republic scenario). Loaf of bread = $100000000. GLD 1oz = $500000000. Therefore : 1oz GLD = 5 loafs of bread. Conclusion: Gold will devalue, but not nearly as bad as fiat currency and …
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